In general terms, the economic situation in the UK isn’t hindering consumers’ desire to gamble or wager on sports. The latest data from the UK Gambling Commission (UKGC) on betting and slot activity shows an increase in gross gaming yield (GGY) over the past three years, confirming that increased activity doesn’t lead to increased gambling harm.
The gaming regulator published its findings on its website, pooling operator-supplied data from March 2020 to March 2023. The report includes information from around 80% of the market, with some operators apparently not adequately supplying their performances.
The results show a steady increase in gambling and betting activity across the three-year period. This is the same time frame within which the UKGC has previously stated the UK’s “problem gambling” rate dropped from 0.4% to 0.2%.
Britons Increase Gambling Spend
In the most recent quarter, January to March of this year, the online GGY was £1.3 billion (US$1.63 billion). This represents a 5% year-on-year increase, driven by a 9% increase in “total bets and/or spins” and an 11% increase in the average tally of active accounts.
The gaming regulator published its findings on its website, pooling operator-supplied data from March 2020 to March 2023. The report includes information from around 80% of the market, with some operators apparently not adequately supplying their performances.
The results show a steady increase in gambling and betting activity across the three-year period. This is the same time frame within which the UKGC has previously stated the UK’s “problem gambling” rate dropped from 0.4% to 0.2%.
Britons Increase Gambling Spend
In the most recent quarter, January to March of this year, the online GGY was £1.3 billion (US$1.63 billion). This represents a 5% year-on-year increase, driven by a 9% increase in “total bets and/or spins” and an 11% increase in the average tally of active accounts.
